About

TUI AG is a Germany-based integrated tourism group. The Company operates through the following segments: Hotels and Resorts, Cruises, Source Markets, divided into Northern Region, Central Region and Western Region, and Other Tourism. The Hotels and Resorts segment comprises all group-owned hotels and hotel shareholdings. The... (more)

BERLIN, Dec 13 European tourism group TUI
is putting contingency plans in place for Britain's
exit from the European Union, it said on Wednesday, aiming to
address potential problem areas such as flying rights, visa
requirements and changes in demand.

(The following statement was released by the rating agency)
LONDON, November 28 (Fitch) Fitch Ratings has assigned Thomas
Cook Finance 2
Ltd's planned EUR400 million senior unsecured notes due 2023 an
expected senior
unsecured rating of 'BB-(EXP)'/'RR3'. The final rating is
contingent upon the
receipt of final documents conforming to information already
received by Fitch.
Proceeds are likely to be used for the early redemption of
Thomas Cook Group's
(TCG; B+/Stable Outlook) notes due in 2021. Th

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